How much does an Area Residential Property Manager make hourly in the United States? The average hourly wage for an Area Residential Property Manager in the United States is $64 as of August 27, 2024, but the range typically falls between $57 and $74. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Hourly Pay Rate | Location | Last Updated |
10th Percentile Area Residential Property Manager Salary | $51 | US | August 27, 2024 |
25th Percentile Area Residential Property Manager Salary | $57 | US | August 27, 2024 |
50th Percentile Area Residential Property Manager Salary | $64 | US | August 27, 2024 |
75th Percentile Area Residential Property Manager Salary | $74 | US | August 27, 2024 |
90th Percentile Area Residential Property Manager Salary | $83 | US | August 27, 2024 |
What Should I Pay?
Area Residential Property Manager leads residential property management activities in a given geographic area to maximize sales, profitability, and tenant satisfaction. Develops and implements operational policies. Being an Area Residential Property Manager trains and manages individual property managers. Ensures that properties meet established quality standards. Additionally, Area Residential Property Manager may support marketing and investor relations. May handle escalated tenant matters. Typically requires a bachelor's degree in related area or equivalent. Typically reports to top management. The Area Residential Property Manager manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Area Residential Property Manager typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description
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A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Area Residential Property Manager, the first career path typically progresses to Vice President of Commercial Property Management.
Additionally, the second career path typically progresses to Vice President of Residential Property Management.
Salary.com's CompAnalyst platform offers:
Area Residential Property Manager salary varies from city to city. Compared with national average salary of Area Residential Property Manager, the highest Area Residential Property Manager salary is in San Francisco, CA, where the Area Residential Property Manager salary is 25.0% above. The lowest Area Residential Property Manager salary is in Miami, FL, where the Area Residential Property Manager salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Area Commercial Property Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Assistant Property Manager III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Assistant Residential Property Manager | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Property Acquisitions Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Property Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Area Residential Property Manager salary of your education level.
Geographic variations impact Area Residential Property Manager salary levels, due to various factors, such as cost of living, industries, market demand and company budgets. Click below to see pay differences between states.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Area Residential Property Manager salary varies from category to category. Click below to see Area Residential Property Manager salary in different categories.
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Skills associated with Area Residential Property Manager: Operations Management, Business Development, Property Management, Real Estate Management ...More
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